Itasca-Mantrap Cooperative Electrical Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 410330817 ✦ Park rapids, MN ✦ Designated as a 501(c)(12)

Overview

What is Itasca-Mantrap Cooperative Electrical Association?

The Itasca-Mantrap Cooperative Electrical Association is a public utilities organization, headquartered in Park Rapids, Minnesota. With a mission to distribute electric energy, they serve a community of approximately 12,000 members. This nonprofit entity is dedicated to ensuring a consistent power supply to its members, fostering a reliable and sustainable energy infrastructure within its jurisdiction.


Official website here: www.itasca-mantrap.com

Is Itasca-Mantrap Cooperative Electrical Association legitimate?

Itasca-Mantrap Cooperative Electrical Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Itasca-Mantrap Cooperative Electrical Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $778,288
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.itasca-mantrap.com

What is the mission statement of Itasca-Mantrap Cooperative Electrical Association?

The Itasca-Mantrap Cooperative Electrical Association is a public utility organization committed to providing electric energy to a community of approximately 12,000 members. Their primary goal is to ensure reliable and consistent energy distribution to their members. The organization's mission extends beyond just energy distribution, as they prioritize the needs of their community, with a dedication to serving and supporting their members. Through their efforts, they contribute to the prosperity and wellbeing of their member base.


Official website here: www.itasca-mantrap.com

Who is the CEO of Itasca-Mantrap Cooperative Electrical Association?

Christine Fox is the Treasurer of Itasca-Mantrap Cooperative Electrical Association. The CEO's salary of Itasca-Mantrap Cooperative Electrical Association is $204,119 and their total compensation is $248,647.


Official website here: www.itasca-mantrap.com

What is the revenue of Itasca-Mantrap Cooperative Electrical Association?

Itasca-Mantrap Cooperative Electrical Association's revenue in 2022 was $30,902,494.


Official website here: www.itasca-mantrap.com

Who are the executives of Itasca-Mantrap Cooperative Electrical Association and what are their salaries?

The average compensation at Itasca-Mantrap Cooperative Electrical Association during 2022 was $22,891. There are 34 employees at Itasca-Mantrap Cooperative Electrical Association.

Here are 16 key members and their salaries (Itasca-Mantrap Cooperative Electrical Association's CEO's salary is $204,119 and their total compensation is $248,647):

    Christine Fox (Ceo)
  • Compensation: $204,119
  • Related: $0
  • Other: $44,528

    • Gerald Byer (Operations Manager)
  • Compensation: $120,872
  • Related: $0
  • Other: $126,788

    • Esther Simon (Cfo)
  • Compensation: $118,538
  • Related: $0
  • Other: $65,021

    • Kevin George (Lead Lineman)
  • Compensation: $119,425
  • Related: $0
  • Other: $62,207

    • Parry Eidsmoe (Lead Lineman)
  • Compensation: $118,016
  • Related: $0
  • Other: $52,863

    • Christopher Bungert (Journeyman)
  • Compensation: $117,614
  • Related: $0
  • Other: $32,972

    • Dan Cox (Journeyman)
  • Compensation: $118,849
  • Related: $0
  • Other: $31,367

    • Chad Grande (Journeyman)
  • Compensation: $115,878
  • Related: $0
  • Other: $27,038

    • Nicole Torkelson (Marketing/Member Services)
  • Compensation: $91,344
  • Related: $0
  • Other: $41,210

    • Terry Cook (Treasurer) [Trustee/Director]
  • Compensation: $10,150
  • Related: $0
  • Other: $0

    • Nancy Utke (Director)
  • Compensation: $10,050
  • Related: $0
  • Other: $0

    • Brian Behrens (Chair) [Trustee/Director]
  • Compensation: $9,300
  • Related: $0
  • Other: $0

    • Pat Roehl (Director)
  • Compensation: $9,150
  • Related: $0
  • Other: $0

    • Tim Kivi (Secretary) [Trustee/Director]
  • Compensation: $8,850
  • Related: $0
  • Other: $0

    • Dan Breitbach (Vice Chair) [Trustee/Director]
  • Compensation: $8,550
  • Related: $0
  • Other: $0

    • Al Czeczok (Assistant Secretary/Treasuer) [Trustee/Director]
  • Compensation: $8,200
  • Related: $0
  • Other: $0


  • Official website here: www.itasca-mantrap.com

    Where can I find the form 990 for Itasca-Mantrap Cooperative Electrical Association?

    The Itasca-Mantrap Cooperative Electrical Association’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.itasca-mantrap.com

    Learn more at the official website: www.itasca-mantrap.com

    Mission Statement of Itasca-Mantrap Cooperative Electrical Association

    Itasca-Mantrap Cooperative Electrical Association, a public utilities organization, is committed to delivering electric energy to 11,946 members in Minnesota. The association's primary mission is to ensure that every household and business within its network has reliable access to electricity. With a dedication to community service, Itasca-Mantrap Cooperative Electrical Association goes beyond just distributing power. It plays a crucial role in powering the lives of its members, enabling them to carry out their daily activities with ease.

    The Itasca-Mantrap Cooperative Electrical Association team works tirelessly to maintain and upgrade its infrastructure, ensuring that the electric energy it delivers is safe, efficient, and sustainable. The association prides itself on its ability to adapt to the ever-evolving energy landscape and implement new technologies to meet the changing needs of its members. In essence, Itasca-Mantrap Cooperative Electrical Association is more than just an energy distributor; it is a trusted partner that is dedicated to enhancing the quality of life for its members by providing them with a steady supply of electric power.

    Additionally, Itasca-Mantrap Cooperative Electrical Association fosters a strong sense of community among its members. By being a member-owned cooperative, it offers its members a voice in the organization's decision-making process. This democratic approach empowers the members to take an active role in shaping the future of their energy provider and fosters a strong sense of camaraderie among them. Through its unwavering commitment to delivering reliable electric energy and its focus on community engagement, Itasca-Mantrap Cooperative Electrical Association continues to be an integral part of the lives of its members in Park Rapids, MN.

    Impact

    This information is meant to be a general summary of Itasca-Mantrap Cooperative Electrical Association. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Itasca-Mantrap Cooperative Electrical Association's impact lies in providing essential electric energy to nearly 12,000 members in Park Rapids, MN. By ensuring a reliable source of power to households and businesses, Itasca-Mantrap plays a crucial role in supporting daily life, economic activities, and community development in the region. Through its mission to distribute electricity efficiently and effectively, Itasca-Mantrap contributes to the overall well-being and sustainability of the local community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $52,198
  • Program Service Revenue: $30,232,246
  • Gross Receipts: $30,953,440

    • Assets and Liabilities:
  • Total Assets: $72,198,735
  • Total Liabilities: $37,009,638
  • Net Assets: $35,189,097
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ELECTRIC SALES

    Revenue

    $30,232,246

    Organization Details

    Founding Year

    1939

    Principal Officer

    Christine Fox

    Main Address

    PO BOX 192, PARK RAPIDS, MN, 56470

    If you are a representative of Itasca-Mantrap Cooperative Electrical Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.